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Money & Power 2024

Money & Power 2024

The Hockey News' sixth annual Money & Power edition is stocked with interviews and features focusing on the financial side of hockey. Inside, you'll find the Top 100 People of Power and Influence, stories on the impact of the war in Ukraine, the Philadelphia Flyers, the Vegas Golden Knights and much more.

Social Change Advocates

Challenging the Status Quo

FOLLOWING A cultural awakening in hockey, change-makers are working to remove barriers, create safe places, develop policy and build programming for diverse populations in the sport. For the past three years, The Hockey News’ Money & Power issue has highlighted 20 change-makers in the game each year, and this year, we’re showcasing 20 more individuals who are making a difference from the top down and/or bottom up. This year’s list combines policymakers with grassroots leaders doing work in their communities to build equitable opportunities, change hockey’s culture and spark a love for the sport in a new generation. This year’s list also includes those grassroots leaders and policymakers, along with past and present athletes, scholars, agents and activists who are working tirelessly to lay the foundation for a better future. Here…

100 People of Power & Influence

NHL Coaches

>1. BRUCE Cassidy AGE: 58 / TOP 100: 91 VEGAS GOLDEN KNIGHTS COACH Not only did ‘Butch’ win a Cup in his first year in Vegas, but he’s also the president of the NHL Coaches’ Association’s executive committee, so he’s a big part of the community. >2. JARED Bednar AGE: 51 COLORADO AVALANCHE COACH Another Cup champion, Bednar might have to go through Cassidy in the West for another title shot this season. Bednar is also a member of the NHLCA’s executive committee. >3. JON Cooper AGE: 56 TAMPA BAY LIGHTNING COACH Though he’s no longer on the NHLCA’s executive committee, you’d be hard-pressed to find another coach who can match Cooper’s resume. He’s a champion through and through. >4. PETER DeBoer AGE: 55 DALLAS STARS COACH A seasoned voice for both the team he coaches and the greater coaching community, DeBoer has his Stars…

NHL Team Valuations

WASHINGTON CAPITALS

NHL VALUATIONS $1.6B FORBES $1.42B SPORTICO $1.75B ROUSTAN OWNERSHIP TED Leonsis AS SOME REGIONAL sports networks struggle to stay afloat, Ted Leonsis and Monumental Sports & Entertainment are doubling down on the business model. Leonsis acquired a full stake in NBC Sports Washington in 2022 and relaunched and rebranded it as Monumental Sports Network this past fall. Leonsis has invested tens of millions of dollars to create hundreds of hours of original programming while enhancing both the linear and digital platforms, including a new direct-to-consumer subscription service for live game broadcasts. The relaunch and expansion of the regional sports network marks Leonsis’ latest venture in his growing sports empire. This spring will mark 25 years since Leonsis bought the Capitals for $85 million. In the quarter century since then, his portfolio has grown exponentially. As the founder, chairman,…

NHL Team Valuations

DALLAS STARS

NHL VALUATIONS $1.08B FORBES $1.11B SPORTICO $1.25B ROUSTAN OWNERSHIP TOM Gaglardi SINCE 2011, CANADIAN businessman Tom Gaglardi has been the steady ownership hand at the top of the Stars organization. The Gaglardi family made their money in hotels and restaurants after Gaglardi’s father founded the Sandman hotel chain and later the Moxie’s restaurant chain. Gaglardi has continued to expand his footprint with investments in and around the team’s facilities in Dallas, such as a hotel near the practice rink and a restaurant downtown near the arena. Gaglardi is a no-drama owner who is based in Vancouver and isn’t a fixture at every game. He’s mostly hands-off on the ice, allowing hockey ops to build a contender. The most pressing concern for Dallas, and many other NHL teams right now, is the tumult surrounding the future of regional…